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Equities extend gains, Q3FY22 earnings in focus for fresh cues
Business

Equities extend gains, Q3FY22 earnings in focus for fresh cues

New Delhi, Jan 12: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange (NSE) extended their gains on Wednesday from the previous day and traded positive in early trade.At 10.13 a.m., Sensex traded at 60,972 points, up 0.6 per cent from its previous close...
India to overtake Japan as Asia
Business

India to overtake Japan as Asia's 2nd largest economy by 2030: IHS

New Delhi, Jan 7: India is likely to overtake Japan as Asia's second-largest economy by 2030 when its GDP is also projected to surpass that of Germany and the UK to rank as world's No.3, IHS Markit said in a report on Friday. Currently, India is the sixth-largest economy in the world, behind...
Business

'Banarasi' mangoes in London, Dubai

New Delhi, Jan 7: For the first time, Banarasi mangoes are being exported to London, Dubai and other parts of the world under Agricultural and Processed Food Products Export Development Authority (APEDA) supervision, according to the Union Ministry of Commerce and Industry.A consignment of 1.2 and 3...
CBI lodges 4 separate cases in connection with Rs 940 Cr bank fraud
Business

CBI lodges 4 separate cases in connection with Rs 940 Cr bank fraud

New Delhi, Jan 6: The Central Bureau of Investigation (CBI) on Thursday said that four separate cases have been registered in connection with a bank fraud of around Rs 940 crore. After lodging the case, the agency conducted raids at the premises of the alleged accused.A CBI official said that...
Govt approves 19th tranche of electoral bonds; sale opens on Jan 1
Business

Govt approves 19th tranche of electoral bonds; sale opens on Jan 1

New Delhi, Dec 31: Ahead of assembly elections in five states, the government on Thursday approved the issuance of the 19th tranche of electoral bonds, which will be open for sale from January 1 to 10. Electoral bonds have been pitched as an alternative to cash donations made to political parties...
Sensex ends 296 pts higher; Nifty tops 17,050
Business

Sensex ends 296 pts higher; Nifty tops 17,050

Mumbai, Dec 27: Equity benchmark Sensex ended 296 points higher on Monday, tracking gains in index majors ICICI Bank, HDFC twins and Tech Mahindra amid a largely positive trend in global markets.After rebounding over 960 points from the day's low during the session, the 30-share index settled 295.93...
Indian equities steady in early trade on Friday
Business

Indian equities steady in early trade on Friday

New Delhi, Dec 24: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at the National Stock Exchange (NSE) traded steady during the early trade on Friday.At 9.30 a.m., Sensex and Nifty traded largely steady 57,340 points and 17,068 points, respectively. HCL Technology, SBI Life...
Global risk-on sentiment buoys indices; PSU banks
Business

Global risk-on sentiment buoys indices; PSU banks' stocks rise

Mumbai, Dec 23: Positive global cues along with rising risk taking sentiment buoyed India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- during Thursday's late-hour trade session.Initially, both the indices opened with an upgap and rose for the third consecutive session. Globally,...
Air India wins legal battle in English Court of Appeal
Business

Air India wins legal battle in English Court of Appeal

New Delhi, Dec 23: National carrier Air India has won a significant legal battle in a case of a passenger dispute in the UK.Notably, a bench of the English Court of Appeal, has passed an order in favour of the airline. Initially, a District Judge had passed a judgement against the airline in a...
SOS call answered, now telecom sector to ring in 5G in 2022
Business

SOS call answered, now telecom sector to ring in 5G in 2022

New Delhi, Dec 23: A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out...
New Bill on cryptocurrency after Cabinet approval: Sitharaman in Rajya Sabha
Business

New Bill on cryptocurrency after Cabinet approval: Sitharaman in Rajya Sabha

New Delhi, Nov 30: The government will soon bring in a new Bill on cryptocurrency after it is approved by the Union Cabinet, said Finance Minister Nirmala Sitharaman on Tuesday in the Rajya Sabha. A Bill on Cryptocurrency and Regulation of Official Digital Currency for introduction in the Lok...
No proposal to recognise Bitcoin as a currency: Finance Minister
Business

No proposal to recognise Bitcoin as a currency: Finance Minister

New Delhi, Nov 29: The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in a reply to the Lok Sabha on Monday. She also informed the House that the government does not collect data on Bitcoin transactions. ...
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